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Home > Business/Finance > Diversified Services > General Business Services
World Security Products
| Global demand to
increase 8.4% per
year through 2008
The Freedonia Group forecasts
the global market for
security products and
systems will advance 8.4
percent per annum through
2008, approaching US$74
billion. Recovery in the
building construction business,
fueled by a strong
global economy, will bolster
demand for locks, alarms,
fire extinguishers and other
structural security products.
At the same time, advancing
technologies and
moderating prices will
continue to enhance the
attractiveness of higherend
electronic systems
such as closed-circuit
television (CCTV), access
controls, anti-shoplifting
tags and contraband
detection devices in both
existing and novel applications.
Please Note: Freedonia requires that, for PDF orders, clients sign a confidentiality agreement prior to fulfillment of PDF email delivery.
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